NOT LISTED FOR SALE

19980 Lakeview Ave Excelsior, MN 55331

Estimated Value: $4,150,927 - $5,757,000

0.34 Acre
$14,945,026 Price per Acre
14,810 Sq Ft Lot

Last Sold September 10, 2012

Last sale price $1,200,000 $340 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $32,652/month

528 Days on Market

Highlights

  • Lake Front
  • Agricultural
  • Level Lot
  • Deephaven Elementary School Rated A

About This Lot

As of September 2012

LAST EMPTY LAKESHORE LOT IN COTTAGEWOOD. 77FT W/ SPECTACULAR VIEWS ALL THE WAY TO WAYZATA. OVERLOOKS MINNETONKA YACHT CLUB & THE NORTHOME SHORE. DEEP WATER W/ HARD BOTTOM. SUITABLE FOR A HOME AT ANY PRICE LEVEL. MINNETONKA SCHOOLS.

Last Agent to Sell the Property

Carl Zinn

Coldwell Banker Burnet Listed on: 01/24/2011

Last Buyer's Agent

Anthony Jewett

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,156

Lot Details

  • 0.34 Acre Lot
  • Lake Front
  • Level Lot
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2411723240009

Property Details

Property Type

Land

Est. Annual Taxes

$52,156

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 2411723240009
  • Projected Closed Date: 09/10/2012
  • Street Designation: Avenue
  • Taxes With Assessments: 19379
  • Estimated Number of Acres: 0.34
  • Additional Information: Abstract, Easements, Platted
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 14652
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Cable Tv, Electric, Natural Gas, Telephone

Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2016
Sold by
Jewett Christopher and Jewett Sarah
Bought by
Sandra K Perkins Revocable Trust
Current Estimated Value
$5,081,309

Purchase Details

Listed on
Jan 24, 2011
Closed on
Sep 10, 2012
Sold by
Kim Judith A and Aldrich Bernard P
Bought by
Jewett Christopher and Jewett Sarah
Seller's Agent
Carl Zinn
Coldwell Banker Burnet
Buyer's Agent
Anthony Jewett
Coldwell Banker Burnet
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$960,000
Interest Rate
3.59%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sandra K Perkins Revocable Trust $3,000,000 Edina Realty Title Inc
Jewett Christopher $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jewett Christopher $1,500,000
Previous Owner Jewett Christopher H $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2012 09/10/12 Sold $1,200,000 -20.0% $340 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
01/24/2011 01/24/11 For Sale $1,500,000 -- $424 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $52,156 $4,261,300 $2,339,200 $1,922,100
2022 $43,815 $4,066,000 $2,228,000 $1,838,000
2021 $42,221 $3,222,000 $1,736,000 $1,486,000
2020 $41,965 $3,109,000 $1,653,000 $1,456,000
2019 $39,335 $2,973,000 $1,554,000 $1,419,000
2018 $36,084 $2,807,000 $1,554,000 $1,253,000
2017 $28,174 $1,997,000 $1,373,000 $624,000
2016 $28,011 $1,949,000 $1,316,000 $633,000
2015 $25,898 $1,787,000 $1,184,000 $603,000
2014 -- $1,069,000 $1,069,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3527909

REALTOR® Association of Southern Minnesota

APN: 24-117-23-24-0009